WAYNE, PA — Radian Group Inc. (NYSE: RDN) has unveiled a new $750 million share repurchase program, signifying the company’s confidence in its financial strength and commitment to maximizing shareholder value. The plan, approved by the Board of Directors, extends through December 31, 2027, increasing Radian’s total share repurchase authority to approximately $863 million.
“This new share repurchase program reflects confidence in Radian’s strong financial position and capital flexibility,” said Rick Thornberry, Chief Executive Officer. “We believe we are well positioned to return capital to Radian’s stockholders while continuing to create value through our growth initiatives, delivering innovative products, and providing best-in-class service to our customers.”
Since 2020, Radian has repurchased 74 million shares at a total cost of approximately $1.8 billion, reducing outstanding shares by over 36% as of January 1, 2020. “This demonstrates our confidence in the business and our ongoing commitment to enhancing shareholder value,” added Sumita Pandit, President and Chief Financial Officer.
Under the new authorization, the company retains the flexibility to repurchase shares through private negotiations, open market transactions, or other methods that align with Rule 10b5-1 of the Securities Exchange Act.
Additionally, the board approved a quarterly dividend of $0.255 per share, payable on June 17, 2025, to stockholders of record as of June 2, 2025.
With this announcement, Radian underscores its focus on strategic financial management and its dedication to rewarding investors while driving sustained growth.
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